Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price
Jake Rauch
What tools to use for researching markets
26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
Kyle Lipko
Excited to Learn and Grow in Real Estate Investing!
5 February 2025 | 7 replies
Feel free to reach out if you have any questions.
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
6 February 2025 | 28 replies
They were taxing as a fourplex, but the CO said it was a triplex.I found out when I went to try to refi with the bank.
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
Feel free to reach out and we can discuss.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
They are so tax beneficial!
Jackie Paugam
Possible Tax Exemptions w Renovation a House
13 January 2025 | 2 replies
Hi All, any input on renovating a house and possible tax exemptions under an LLC?
Karina Pacific
New here. Excited to learn and collaborate!
27 January 2025 | 6 replies
Feel free to share more about what you’re working on—I’d love to connect and collaborate.Wishing you a productive week ahead!
Rebecca Graziano
Where are the genuine RE meetups in DFW area?
20 January 2025 | 1 reply
They've changed formats a bit, to one that is a free happy hour and I've not been to that.
Karolina Powell
Pittsburgh area - 4 small deals - what would you pay?
2 February 2025 | 1 reply
Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.